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| ▲ | wazdra 6 days ago | parent | next [-] | | Well, doesn't that specific meaning apply here? I mean, the lack of protection for end-users is at first compensated by investment money (low prices and huge effort on support). Once network effect is reached, the unregulated nature of the platform shows, end-users are wronged, only providers profit from the lack of regulation ... Or maybe I don't understand the meaning of enshittification? | | |
| ▲ | stevage 6 days ago | parent | next [-] | | It means something very different from your definition. | |
| ▲ | tsimionescu 5 days ago | parent | prev | next [-] | | No. The whole point of enshittification is that it is an intentional process, a bait-and-switch. You get a cool free service, you become dependent on it, and then they start monetizing it and limiting it. | |
| ▲ | verdverm 6 days ago | parent | prev | next [-] | | My understanding is it is more tied to crafting UX that maximizes profit. Many cases involve both enshittification and regulatory arbitrage (as a peer comment so eloquently put it) | |
| ▲ | elteto 6 days ago | parent | prev [-] | | https://en.m.wikipedia.org/wiki/Enshittification |
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| ▲ | taberiand 6 days ago | parent | prev [-] | | Yes I know, which is why I looked up the Wikipedia definition to make sure I was using it correctly. Stripe provides a trusted service to its users, has a great reputation, then implements changes that will degrade that service by avoiding regulations designed to protect the consumer. Adding blockchain is enshittification. |
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